After a 3.6 percent increase in global cinema revenue in 2019 to $45.1 billion, the coronavirus pandemic will this year "cause the global market to contract sharply," research and accounting firm PricewaterhouseCoopers says in its annual forecast, predicting a 65.6 percent drop to $15.5 billion "as many screens are forced to close and major Hollywood releases are delayed." For the U.S., the firm's annual study projects a 65.7 percent decline from $11.4 billion in 2019 to $3.9 billion this year.